Huawei Pay to launch in the US?

Huawei Pay to launch on Android in the US, trademark suggests — Android Headlines — “The Huawei Pay Android service may be coming to the United States, as suggested by a new trademark application which the Chinese original equipment manufacturer submitted to the US Patent and Trademark office on Saturday… News of Huawei’s latest move comes less than a month after the Shenzhen, China-based tech giant filed for an identical trademark in Europe where the European Union Intellectual Property Office is also still examining its request.”



Alipay launches ‘Smile to Pay’ for commercial use in China

Alipay launches ‘Smile to Pay’ for commercial use in China — Alizila — “Smile to Pay, the first service of its type, debuted at a KFC’s new, healthy-food concept restaurant, called KPRO, in Hangzhou. With it, Alipay users can authenticate their payments through a combination of facial scanning and inputting their mobile phone numbers. That means they won’t need to break out their wallets — or even smartphones — anymore.”


NXP and Changan Automobile to cooperate on infotainment and future vehicle technologies

NXP and Changan Automobile to cooperate on infotainment and future vehicle technologies — NXP — PARTNER NEWS — Changan Automobile is one of China’s largest car manufacturers and the first Chinese company to achieve long-distance self-driving… Changan will apply NXP’s vehicle-to-x (V2X) communication, near field communication (NFC) identification, advanced driver assistance systems (ADAS), and joint R&D to further transform automobiles into mobile information hubs.”


Apple accepts WeChat Pay in bid to reverse sales decline

Apple accepts WeChat Pay in bid to reverse sales decline — China Daily — “Apple said it is ‘excited’ to introduce Chinese customers using WeChat Pay to purchase apps or subscribe to Apple Music, and will continue to offer payment options that are simple and convenient…. It previously supported credit card transactions, its indigenous Apple Pay, China’s UnionPay, and Alipay, WeChat Pay’s biggest rival.”



China targets mobile payments oligopoly with clearing mandate

China targets mobile payments oligopoly with clearing mandate — Financial Times — “China’s central bank has ordered online payment groups to operate through a centralised clearing house, a move likely to undercut the dominance of Ant Financial and Tencent by forcing them to share valuable transaction data with competitors… The latest PBoC instructions require all payment companies to connect to the clearing house by October 15 and to channel all payments through it by June 30.”


Big banks on notice that they’re losing ground to China’s fintech giants

Big banks on notice that they’re losing ground to China’s fintech giants — South China Morning Post — “Tencent, the Chinese company, over Chinese New Year, in five days processed 46 billion payments. Basically that means 800 million payments per hour. Visa has a maximum capacity of processing 25,000 payments per second. But Alipay can process 50,000 payments, twice as much, per second.”





Apple unveils promotional campaign to win Chinese consumers to Apple Pay

Apple unveils promotional campaign to win Chinese consumers to Apple Pay — South China Morning Post — “Consumers using Apple Pay to make payments in designated online and offline merchants in mainland China that display the logo of UnionPay’s QuickPass facility will receive discounts of up to 50% and as much as 50 times the usual amounts of reward points for credit cards.”


Alibaba’s self-service Tao Cafe takes e-shopping offline

Alibaba’s self-service Tao Cafe takes e-shopping offline — Xinhua — “Entry into Tao Cafe in Hangzhou, capital of east China’s Zhejiang Province, is through ticket gates similar to those at subway stations, however, customers scan their smart phones instead of tickets… The 200-square-meter store offering beverages, fast food and snacks can accommodate 50 customers at a time. To enter and make a purchase, shoppers require only a smart phone with Alibaba’s Taobao ecommerce app.”



UnionPay reports growth in QR code mobile payment volumes

UnionPay reports growth in QR code mobile payment volumes — UnionPay International — “The cross-border transaction volume of mobile QuickPass, the UnionPay mobile payment product, doubled in the first half of this year. More notably, more overseas customers are using mobile QuickPass. The transaction volume of mobile QuickPass used locally in Hong Kong and Macau more than tripled and the transaction of mobile QuickPass by Hong Kong and Macau cardholders in mainland China grew by over seven times year-on-year.”


Alibaba challenges Google, Amazon with new Echo-like device

Alibaba challenges Google, Amazon with new Echo-like device — Bloomberg — “Importantly, the gadget — powered by the AliGenie system — may eventually simplify shopping for the Chinese e-commerce giant’s 450 million active buyers who turn to the website for everything from cherries to makeup. It will begin formal sales from August 8 only for China and won’t come with a display.”


In China, Amazon’s ‘store of the future’ is already open

In China, Amazon’s ‘store of the future’ is already open — Tech In Asia — “This is a typical Bingobox store… A shopper opens the door – and registers with the startup – through WeChat, the popular messaging app… The customer has to scan each item’s barcode. And then pay on their phone, either via WeChat or Alibaba’s mobile wallet app, Alipay. As you leave the store, a camera checks you’re taking out only the stuff you paid for.”


Some Macau cash points deserted as face recognition technology kicks in at ATMs

Some Macau cash points deserted as face recognition technology kicks in at ATMs — South China Morning Post — “One casino employee, who works near an ATM which previously had long queues, said: “I used to see lots of people lining up at the ATMs before but they have vanished since the new machines were installed. Everyone must have gone looking for those without the cameras.”


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